Mr. Steve Hammond

Steve Hammond
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Steve Hammond, F.C.I.I.Vice-président à la production et à la réassurance

Nommé à son poste actuel en 2002.

Steve Hammond, F.C.I.I., VP Underwriting, Risk & Reinsurance, Royal Sunalliance

Steve Hammond, vice president of underwriting and reinsurance at Royal & SunAlliance Insurance Group, concurs that the single most important factor for ceding companies in selecting reinsurer participation in today's environment is the financial rating of the various players - specifically the change in their ratings.Another factor is capacity, Hammond notes, the issue being whether companies currently competing for business will still be offering the same in the future.But, Hammond adopts a more even approach to the introduction of the new reinsurance "startups", suggesting that it would not be all that difficult for fresh players to gain a foothold in the Canadian marketplace, particularly if they were willing to move into the long-tail liability end of the market where there is currently a dearth of capacity mainly on auto liability.

Steve Hammond
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Steve HammondRoyal & Sun Alliance Insurance Company of Canada

Steve Hammond is the Vice President, Risk, Underwriting & Reinsurance at Royal & Sun Alliance Insurance Company of Canada.He is responsible for Enterprise Risk Management and the Underwriting & Reinsurance Strategy at Royal & SunAlliance in Canada.He also represents Canada on Enterprise Risk and is a member of both the world-wide Underwriting Forum and Reinsurance Practice of Royal SunAlliance.He is active in the Canadian insurance industry including being Chair of the Nuclear Insurance Association of Canada and is a member of the Chartered Insurance Institute (UK).

"As a major commercial lines writer, we need to have accurate loss experience on business we're quoting," says Steve Hammond, the company's Director of Underwriting and Reinsurance.

Steve Hammond, F.C.I.I.Vice President, Risk, Underwriting & Reinsurance

Appointed to his present position in 2002, Mr. Hammond's previous positions include Director, Underwriting & Reinsurance and Vice President, Commercial Lines for Sun Alliance.He is Chair of the Nuclear Insurance Association of Canada.

Steve HammondVice President, Underwriting & Reinsurance
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Steve Hammond, F.C.I.I.Vice President, Underwriting & Reinsurance

Appointed to his present position in 2002, Mr. Hammond's previous positions include Director, Underwriting & Reinsurance and Vice President, Commercial Lines for Sun Alliance.He is Chair of the Nuclear Insurance Association of Canada.

Steve Hammond, Chairman.Vice President, Underwriting, Reinsurace & Risk, Royal & Sun Alliance Insurance Company of Canada

As Vice President, Underwriting, Reinsurance & Risk, Steve Hammond is responsible for Underwriting and ensuring that we build the necessary Risk Management Framework across all of our businesses.

Since 1994, Mr. Hammond has held several underwriting roles including Director, Underwriting & Reinsurance, which he held since January 1999.Prior to the acquisition by Royal Insurance in 1994, Steve held the position of Vice-President, Commercial Lines Division of Sun Alliance.Steve commenced his employment with Sun Alliance in the U.K and moved to Sun Alliance in Canada in 1973 where he held various roles in both the Central Ontario Branch and Head Office.

Mr. Hammond is also active in the insurance industry including being Chair of the Nuclear Insurance Association of Canada.

Steve Hammond, director of underwriting and reinsurance at Royal & Sun Alliance Insurance Co., says the lack of reinsurance and the inability to excluded terrorism coverage for fire will prevent Canadian insurers from covering properties in the United States for large commercial clients.